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not sure why I got the answer wrong thanks for ur help. Doug's Custom Construction Company is considering three new projects, each requiring an equipment

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not sure why I got the answer wrong thanks for ur help.

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Doug's Custom Construction Company is considering three new projects, each requiring an equipment investment of $26,840. Each project will last for 3 years and produce the following net annual cash flows Year AA BB CC $8,540 $12,200 $15,860 N 10,980 12,200 14,640 3 14,640 12,200 13,420 Total $34,160 $36,600 $43,920 The equipment's salvage value is zero, and Doug uses straight-line depreciation. Doug will not accept any project with a cash payback period over 2 years. Doug's required rate of return is 12%. Click here to view PV table.0') Compute the net present value of each project. ( Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Round nal answers to the nearest whole dollar, e.g. 5,275. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) In ' AA I 47992.41 I In N BB I 51420.44 I In N CC I 61704.53

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